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In the News

Recent Articles and Press Releases

 

02.24.12 - Chitwood Harley settles ArthroCare securities class action.  Click here for the notice explaining the settlementClick here for the proof of claim form to complete.

10.25.11 - Trevino v. Westamerica Bank Plaintiff's Motion for Final Approval of Class Action Settlement.

10.07.11 - Wells Real Estate Investment Trust, Inc. Securities Litigation Notice of Pendency.

09.07.11 - Goldman Sachs’s Pay Plan Hurts Shareholders, Lawyer Contends

08.16.11 - Trevino v. Westamerica Bank Plaintiff's Motion for Order Approving Application for Attorneys' Fees.

07.22.11 - Trevino v. Westamerica Bank Notice of Proposed Class Action Settlement.

07.18.11 - Bank of Hawaii Reaches $9 Million Overdraft Settlement

06.01.11 - Chitwood Harley Harnes LLP Represents Shareholder of Eagle Bulk Shipping in Lawsuit that "Raises Serious Questions of Corporate Governance that Could be a Tipping-Point in Companies' Future Conduct"

02.17.11 - Bank of Hawaii accused of manipulating fees

02.03.11 - Chitwood Harley Harnes protects TransTech's public shareholders, obtains preliminary injunction in Delaware Chancery Court preventing management from making further payments to or for benefit of its founding shareholders. Order (pdf).

02.02.11 - Chitwood Harley Harnes appointed interim Co-Lead counsel in In re Cablevision Consumer LitigationOrder (pdf).

01.27.11 - National Commission on the Causes of the Financial and Exonomic Crisis in the United States Issues Report Conclusding that Crisis Was Avoidable, Indentifies Culprits.  FCIC Report (pdf)

01.07.11 - Chitwood Harley selected as Co-Lead Counsel for the Class in Transocean Ltd. Securities Case. Stipulation and Order Appointing Lead Plaintiffs and Approving Selection of Lead Counsel (pdf)

09.29.10 - Final approval granted to Maxim Integrated Products, Inc. Securities Litigation settlement, representing the largest options-backdating settlement in the Ninth Circuit Court of Appeals and the third largest in the United States. Final Judgment (pdf)

08.30.10 - Maxim Integrated Products, Inc. Securities Litigation motion for final approval (pdf), motion for attorneys' fees and expenses (pdf) and joint declaration in support of final approval and attorneys' fees (pdf)

07.27.10 - Maxim Integrated Products, Inc. Securities Litigation notice (pdf), proof of claim (pdf) and proof of claim instructions (pdf).

07.22.10 - Investors' Fraud Suit Sustained Against ArthroCare and Two Key Executives

05.06.10 - Maxim to Pay $173M to Settle Backdating Class Action

04.20.10 - Tyco to Settle Class Action Suit Over Undersea Cable Venture for $79M

 

Chitwood Harley Harnes Congratulates Partners Gregory E. Keller and Darren T. Kaplan on being Named 2011 New York SuperLawyers 2011 - Metro Edition

Chitwood Harley Harnes Partners Gregory E. Keller and Darren T. Kaplan Ranked as Among the Top 5% of Attorneys in New York City in Securities Litigation and Corporate Governance.

Chitwood partners Gregory E. Keller and Darren T. Kaplan were recognized as New York Metro SuperLawyers for 2011, following a peer nomination and voting process, a thorough review of their credentials and achievements, and a blue ribbon review by the top nominated attorneys in their practice areas.  Among other things, this recognition reflects a favorable analysis of the attorney's reputation, observed skills, verdicts and settlements, representative clients, experience, honors and awards, bar and other professional activity, pro bono and community service, and other outstanding achievements. The annual published list of New York Metro "Super Lawyers" represents 5% of the licensed active attorneys in New York City.

To read about the Superlawyer selection process, please visit http://www.superlawyers.com/about/selection_process.html.

Chitwood Harley Harnes LLP Recognized by Institutional Shareholder Services as Among Top 10 Nationally for Total Recovery for Shareholders in 2010

Chitwood Harley Harnes (“Chitwood”) has been recognized as among the top ten firms nationally for total recovery for shareholders in 2010 by Institutional Shareholder Services (“ISS”). ISS, through its Securities Class Action Services (“SCAS”) Top 50, acknowledges annually those firms that have obtained the highest recoveries for shareholders. Chitwood placed 8th nationally for total dollar amount of final securities class action settlements occurring in 2010 in which the law firm served as lead or co-lead counsel.

In 2010, Chitwood served as co-lead counsel in In re Maxim Integrated Products, Inc. Securities Litigation, in which Chitwood and its co-counsel obtained a groundbreaking $173 million settlement. Chitwood represented the Mississippi Public Employees Retirement System, the Cobb County (Georgia) Government Employees’ Pension Plan, and the DeKalb County (Georgia) Pension Plan in this options backdating litigation. The Maxim settlement was the third largest stock options backdating settlement in US history and the largest settlement in the Ninth Circuit Court of Appeals.

The firm further served as co-lead counsel in In re TyCom Limited Securities Litigation and obtained a $79 million settlement in 2010 for shareholders of Tyco International, Ltd. after almost seven years of intense litigation.

Chitwood has represented individual and institutional investors in securities class actions for twenty years and consistently delivers exceptional results to its clients and shareholders. In 2004 alone, the firm recovered $583 million for investors and was identified as the fourth most successful securities class action firm in terms of gross recoveries and the second most successful firm in terms of average recovery for that year by ISS. Chitwood further was ranked 7th in gross recoveries by ISS in 2003, 24th for gross recoveries in 2005, and fourth in terms of average settlement value in 2008.

Martin Chitwood, founding partner of the firm, emphasized the firm’s careful case evaluation and reputation for going the distance as among the contributing factors to the firm’s remarkable track record. “Our institutional and individual clients rely on us to guide them dependably through the litigation process - from responsible and conscientious case evaluation, through intense trial preparation and resolute settlement negotiations. We are grateful for our clients’ continued trust and business.”


Chitwood Harley Harnes Congratulates Partners Martin D. Chitwood and Craig G. Harley on being Named 2011 Georgia SuperLawyers

Chitwood Harley Harnes founding partners Martin D. Chitwood and Craig G. Harley Ranked as Among the Top 5% of Attorneys in Georgia in Each of the Last Eight Years.

Founding partners Martin D. Chitwood and Craig G. Harley were recognized as Georgia SuperLawyers for 2011, following a peer nomination and voting process, a thorough review of their credentials and achievements, and a blue ribbon review by the top nominated attorneys in their practice areas.  Among other things, this recognition reflects a favorable analysis of the attorney's reputation, observed skills, verdicts and settlements, representative clients, experience, honors and awards, bar and other professional activity, pro bono and community service, and other outstanding achievements.  More than 23,500 Georgia attorneys participated in the survey and nomination process, which placed Messrs. Chitwood and Harley among the top 5% of attorneys in the State of Georgia.

Mr. Chitwood and Mr. Harley have received this honor in each of the past eight years (2004-2011).

In addition, Chitwood Harley Harnes partner, Krissi T. Gore, was named as a 2011 Rising Star following a similar nomination and vetting process.  This recognition places Ms. Gore among the top up-and-coming attorneys under the age of 40 in the State of Georgia.  Less than 2.5% of the Georgia attorneys under the age of 40 receive this distinction.  Ms. Gore has been a Rising Star for three years in a row (2009-2011).

To read about the Superlawyer selection process, please visit http://www.superlawyers.com/about/selection_process.html.

 

 

 
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